“…Numerous studies have used the Co/Ni ratio of pyrite as an indicator to understand the sources and environments of hydrothermal fluids from which this mineral is precipitated (e.g., Bralia, Sabatini, & Troja, 1979; Clark, Grguric, & Schmidt, 2004; Craig et al, 1998; Raymond, 1996). Previous studies have shown that volcanogenic pyrite or pyrite precipitated from magmatic–hydrothermal fluids has elevated Co contents (Cafagna & Jugo, 2016; Shao, Wang, Liu, & Zhang, 2018), whereas sedimentary pyrite, such as that in black shale, has high Ni (rather than Co) contents (Gregory et al, 2015; Large et al, 2009). Consequently, Co/Ni ratios of <1 with low standard deviations are commonly accepted as indicating pyrite of sedimentary origin, whereas pyrite associated with magmatic–hydrothermal fluids has Co/Ni ratios of >>1 (e.g., Bralia et al, 1979; Deol, Deb, Large, & Gilbert, 2012; Koglin, Frimmel, Minter, & Brätz, 2010; Meng, Hu, Huang, Gao, & Sasseville, 2019; Mukherjee et al, 2019; Raymond, 1996; Thomas et al, 2011; Zhang et al, 2014).…”